A citywide neighborhood revitalization plan which provides property tax relief if a taxpayer increases the value of his home, business or other property has benefited 82 properties in Iolas city limits since 2013.
That means more than $175,000 in taxes have been rebated by the city since the revitalization plan was expanded to include all of the city in 2013.
With that in mind, Iola City Council members voted, 5-0, Monday to renew the revitalization plan for an additional three years.
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